cliff. >> behind the scenes negotiations continue today. republicans say they're waiting for the president to outline more spending cuts. the three big issues, tax rates, entitlement reform, medicare and social security, and whether to raise the debt ceiling. we're about to hit it again, and america may need to borrow more. and on those issues at least for now on chilapitol hill, democra seem to think they have the upper hand. that's it for now. >> thanks so much. >>> last night he describes what he says is to use the debt creel as a pawn in the fiscal cliff negotiations. >> they see the handwriting on the wall and they're going to have to extend it, and if they don't the whole country will see they were willing to tank the entire economy and give everybody the tax break to give people at the top a bonus. where they're just dead wrong, ed, is thinking they're going to gain leverage over this debt ceiling because the american people are not going to stand for republicans turning right around and threatening to destroy the american economy by